Audubon County Republican. [volume] (Audubon, Audubon Co., Iowa) 1885-1894, 1887-11-24
NATIONAL rlNACNEs.
summary OF tho Annual report OF
Treasurer Hyatt.

WASHINGTON, Nov. l0.--The annual re-.
port Of Treasurer Hyatt shows the rey.
enues Of the government for the fiscal
year ending June -. 1897. were $87i, 48.-
al5 aud ordinary expenditure, 1901 .932,.
100; surplus receipts available for che 70
ducii u Of the public debt being $l03,4il,-
u91. As compared with the previous year
the recepts Increased $3i, 96S.a5". OK
peud,ures so, 4ip,Otl. aud surtlu s rev.
cnaes sp.5l4, SUD, There was an increase
ia every item uf revenue, the largest be-
ins in the receipts from thstoms, Inc
largest stftrea>e In expense was on seeount
CT the Indians and pensions, and thS
largest decrease was on account OF the
in,eres, on the public debt The receipts
of tie Pestoilice department amounted TO
S5i, 752.ai7, and expenditures to S535S3,.
S35, revenues, exclusive on deficiency ap.
preparations, increased W, ,39J, and
expenditures S2,90i ,2i9 The aniount
drawn from the treasury 10 make good the
deficiencies In the postal revenues was
81, 800, 1873. rs against 50, ili,As2 IN 1856,
The statement OF Unite States notes out
standing shows that between June ~,
1886, aud September 30 1887, the circuia
ton Of one and two dollar notes ran
down from ji.500,00O to Sl5, 100000
Tie decrease has been made up by
changes III ether denoninati ms The
volume of tivcs. tens and twenties N
,rea.ing about $40, 0JO, 900. The ship
ments OF legal tenders aud silver c2rtli!
Gates OF small denominations, together
with the increase In circulation OF silver
coins during the fifteen months ended
Sept 30, amounted 10 urwards of sli9,00o
90. while in addition several million dol
lars in small gold coin have been drawn
into rcuIation. Under The provisions OF
the act Of June 8 1872, certificates Of de;
post amounting to S3i, 90l, 900 were issued
during the fiscal year for United States
notes in the treasury. The rcdrmptions
in the same period were S43 30 900,
There remained out landing June o.,
only so, 030 00l, which is the least amount
shown at the end uf any fiscal year since
the issue began There were no sold
certificates issued during the year
The redcnptions amounted 10 So
GS5. 42S. OF total Of 81, la 35i $50
issued from November, 1865. there
were outstanding ut the close Of the year
Sl2l 4S6,Sl7, Of which $50 POI .33O
were in treasury and $9l ,225 1877 IN cir
culalion The holding Of the treasury
decreased nearly S25. 900 600 In the year
The amount outstanding October 81 was
Sl32 5i2 .gjl, Of which the ltetSury held
49,, S1S, l5S. Silver certificates outstand.
ing NJ the close OF the fiscal year am unit.
ell IT, Sli5, 543, $50, an increase Of nearly
800 000. 900 In twelve months The
amount in the treasury fell on In the
same period from nearly SIS, 900, 900 to
49, 425, 1888, while the increase In actual
circulation WAS little more than S5i.-
600 900. This increase Is due In part TO
the demand for small notes arising from
the dlscontinuanCe Of the issue Of the
legal tender ones and two4. The Treas
urer believes. that nearly MI the trade dol
lars have been redeemed The coinage
Of standard silver d liars for the fiscal
year was 1913. 2I6, S3l. nm increase Of SO,
81, 026 over 1885. On October III the
treasury held So IA, 10 532, and there were
49,, 54D. 625 in circulation Between June
30, 1888, and October 81. 1887. the lrac'
tional silver coin In The treasury decreased
from S23. 904 69l to $2l. i6S. 1873, and
minor coin from 1877 Sl4 10 $5l 400. One
and five cent pieces on hand nre not more
than sufficient for payments over the
hunter. The Treasurer calls attention to
the decrease ia redempt ,ns Of fracii nal
currency and shows by comparison with
other paper issues that larger amount
than has been estimated is probably lost
or destroyed. The amount outstanding
June 3d. as shown by the books, was
Sl5, 322 902, while the rcdemptions for the
year were only 81. i23 Bptwee the end
If the fiscal year and October 81, the
number of depository bank, was increas-
ed from 200 to 800 The receipts Of pub.
lie funds by banks during the year were
Sl2S, 49,. 769. making an aggregate from
the beginning Of the system little short
of "a. 800, 900, 900. There was adecrease Of
1884,. 0OS, 100 during the year in bonds held
to secure the circulation OF national banks,
leaving on deposit 1911 066, 700. against
which there was outstanding $l60, $780,
65S in national bank notes.